HPI Check - Used Car History, Finance, Write Off & Vehicle Data yes its worth it if your serious about buying.........
Do a check, and remember you are the buyer, check the history,bills and any other paperwork - and walk away if anything doesn't ring true.
If its the one I'm thinking of it doesn't include finance making it pretty useless. Most HPi fails on bikes are for outstanding finance, not damage.
Never noticed that :-S However Im sure law changed a few years back on vehicle finance, I'm sure they can't repo a vehicle from a new owner and that they just have to recover the debt from the original person. But that could just be my imagination, it normally goes wild
I don't think that's right because a lot of people are taking log book loans out and selling the vehicle. It's then left to the new owner to foot the bill. An ever growing problem here in the uk. If the bill isn't paid by the new owner they take the car.
if im right you can keep Texting for more info but to get everything it all adds to £15....plus......... so its gotta be the full hog if your serious about the bike
You read right, I saw a programme called the repo man the other day. Basically the loan stays with the V5 and car rather than the person that took it out, so lots of people are taking loans out against the car, then sellign the car and letting the new owners take the fall for the repayments. Repo people have the right to remove the vehicle as apparently its part of the agreement taken out when you get the loan BBC - Press Office - 5 Live Investigates logbook loan scam Info there for you.
Holy moly, these are payday loans for buying cars, just seen APRs of 500% on some of these lenders websites, the people they are lending too are unlikely to get credit elsewhere, no wonder they are seeing people doing a bunk before settling the debt
